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Lynn 01904
9 Kernwood Drive
$340,000
● House - Off Market

9 Kernwood Drive

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,892 Ft²
$581,425
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

This Ward One raised ranch with views of Sluice Pond is now available.  This 3 to 4 bedroom, 1.5 bath home has a versatile floor plan. The first level offers a family room, half bath, master bedroom or additional entertainment area. On the 2nd level there is a living room with wood floors and fireplace which opens to the eat-in-kitchen. The nicely appointed kitchen has granite and stainless appliances, and ample counter and cabinet space. There are 3 bedrooms, all with wood floors and a full bath.  This home has lots to offer some make an appointment today!
Unit Size
1,892 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$184
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72004418)

Price History

Date / Event Date Event Price
Aug 26, 2016 Sold
Premium
Sold
May 12, 2016 Listed by Tache Real Estate, Inc. $349,000
Listed by Tache Real Estate, Inc.
Mar 19, 2014 Sold
Premium
Sold
Jan 17, 2014 Listed by Tache Real Estate, Inc. $299,900
Listed by Tache Real Estate, Inc.
Jan 30, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Total Building Area: 900
  • Gross Building Area: 1,892
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:076 L:010
  • Block: 76
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.493
  • Longitude: -70.9681

    Address

  • Full Address: 9 Kernwood Dr
  • Address - House Number: 9
  • Address - Street Name: Kernwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C024
  • 4-Digit Zip Code: 1710
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 566,164
  • High Value: 670,590
  • Low Value: 461,738

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,100
  • Assessed Land Value: $217,200
  • Assessed Improvements Value: $308,900

    Sales

  • Current Sale Recording Date: Aug 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52
  • Previous Sale Recording Date: Mar 19, 2014
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn

Stats & Trends

Median Asking:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2503 ft²

Average Home Age

97.5 years

Currently For Sale

162 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72004418

Frequently Asked Questions

When was property at 9 Kernwood Drive built and last sold?
The property at 9 Kernwood Drive was built in 1960 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 9 Kernwood Drive is $364,350.
What are some comparable homes to 9 Kernwood Drive?
There are currently no comparable homes to 9 Kernwood Drive.
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